CARY ACADEMY IS A COEDUCATIONAL DAY SCHOOL THAT PROVIDES AN INDEPENDENT SCHOOL EDUCATION FOR STUDENTS IN GRADES SIX THROUGH TWELVE.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in North Carolina.
- Base
- $457k
- Bonus
- —
- Other
- $28k
- Benefits
- $29k
- Base
- $270k
- Bonus
- —
- Other
- $26k
- Benefits
- $10k
- Base
- $174k
- Bonus
- —
- Other
- $2k
- Benefits
- $1k
- Base
- $147k
- Bonus
- —
- Other
- $662
- Benefits
- $30k
- Base
- $147k
- Bonus
- —
- Other
- $1k
- Benefits
- $25k
- Base
- $152k
- Bonus
- —
- Other
- $1k
- Benefits
- $20k
- Base
- $149k
- Bonus
- —
- Other
- $689
- Benefits
- $11k
- Base
- $148k
- Bonus
- —
- Other
- $1k
- Benefits
- $9k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & Head of School Above 90th percentile | $457k | — | $28k | $29k | $539k $588k |
Chief Financial Officer Above 90th percentile | $270k | — | $26k | $10k | $327k $357k |
Director of Development Median to 75th percentilevs Education peers nationwide | $174k | — | $2k | $1k | $190k $208k |
Controller 75th to 90th percentilevs Education peers nationwide | $147k | — | $662 | $30k | $188k $206k |
Director of Enrollment Man Highest Compensated Employee 75th to 90th percentile | $147k | — | $1k | $25k | $185k $202k |
Head of Upper School Highest Compensated Employee Median to 75th percentile | $152k | — | $1k | $20k | $185k $202k |
Director of Information Sv Highest Compensated Employee Median to 75th percentile | $149k | — | $689 | $11k | $172k $188k |
Middle School Head Highest Compensated Employee Median to 75th percentile | $148k | — | $1k | $9k | $164k $179k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 23 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at CARY ACADEMY equaled 2% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Up 5%
from 2022
From $513k in 2022 to $539k in 2023.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 5% from 2022 to 2023, while revenue rose 5%.
- Chief Financial Officer pay rose 5% from 2022 to 2023.
- Chief Development Officer pay rose 5% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about CARY ACADEMY
What does the Chief Executive Officer of CARY ACADEMY earn?
In 2023, the Chief Executive Officer of CARY ACADEMY received $538,677 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in North Carolina: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at CARY ACADEMY compare with similar nonprofits?
Compared with the same role at Education organizations in North Carolina, the 2023 pay of the Chief Executive Officer at CARY ACADEMY falls in the top 10%. In 2023, the highest total compensation at CARY ACADEMY equaled 2% of the organization's total expenses. The median for education organizations is 7%.
What are CARY ACADEMY's revenue and expenses?
In 2023, CARY ACADEMY reported $30.5M in total revenue and $29.3M in total expenses on its IRS Form 990.
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